Tag: Financing

Posted on 09/29/2024

In real estate, a “hot market” refers to a market with lower inventory and higher demand. When the market is hot, there is more competition for property and this can make buying a home more difficult. If you’re trying to buy a home, here are some tips for how to navigate a hot market. Start With a Broad...

Broad Search

Compromises

+ 9 more

Posted on 10/10/2021

Tips for Navigating the VA Home Loan Program

The VA home loan program allows qualified veterans and active-duty members of the military to get an affordable home loan with a minimal down payment. If you’re planning to use this loan program, you can take specific measures to improve your chances of approval. These tips will take you from house hunting to homeownership quickly with an affordable...

Va Home Loans

Financing

+ 3 more

Posted on 06/27/2021

Pros and Cons of Balloon Mortgages

Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...

Homebuyers

Financing

+ 1 more

Posted on 07/19/2020

Drawbacks of Financing Your Mortgage through a Credit Union

Image by Burst from Pexels Buying a home is an exciting time. As you start to comb through listings and decide you’re ready to take the plunge to purchase, you’ll want to pursue getting pre-approved for a mortgage. This way, you'll know how much you're approved for and can shop for homes within your price range. Additionally, having...

Home Mortgage

Mortgage Loan

+ 1 more